UpandDown97 wrote:BiglawAssociate wrote:lokikoala wrote:seems like you can't go wrong here - what did you choose?
you mean RIGHT
LOL at taking on this much debt for PI. Doesn't OP know PI has tons of trust fund kids and people with full schollies? They aint "suffering" like OP will be.
I wish 0Ls who don't manage their own fucking money would STFU about debt loads for PI.
Taking on 200k+ debt for PI is stupid as shit IMO. Just watch that debt grow to like 600k in that 10 year period and hope that you actually keep your PI job for 10 years...and that the government/your school doesn't fuck you over by changing the programs on you. LOLOLOL.
Can someone explain to me how the latter part could be true? Even if they change the program, wouldn't that not affect me as the PI student? Is there not a contract that guarentees my payment program? aren't I immune from any changes and I'd be grandfathered in if anything?
Big Law is not the only path in law. Perhaps be a bit more respectful.
There has been buzz and bipartisan proposed legislation to cap PSLF, so ppl are worried that the program will be dramatically altered in a negative way or wiped out altogether at some point. It's all speculation and there's no way to know what will happen or if ppl will be grandfathered in.
However, some schools have an LRAP that's not tied to the IBR/PSLF programs (mostly the top schools), and it's highly unlikely IMO that the schools would screw the students over even if Congress screws up the PSLF program.
The downside is just so astronomical that some ppl freak out and advise against large debt for PI, even at top schools with independent LRAPs